Fahi

[Fahi @fahi778]

@ErnestWongBWM The current environment doesn’t reward growth and innovation. Our media just pushes ideology, bashes capitalism, and obsesses over Trump.

[Fahi @fahi778]

@varuninvesting What’s your take on the concerns around self-driving cars? Even if they're 10-plus years away, it seems like the market is already pricing it in

[Hoover Institution @HooverInst]

Today, @NVIDIA is widely recognized as the most consequential technology company in the world. But when Founder and CEO Jensen Huang hatched the idea more than three decades ago, it was viewed as little more than an incredibly risky bet on a new approach to computing.

How did Huang, an immigrant from working class roots in Taiwan, build this company into what it is today? In the first installment of the Hoover Institution's Only in America series, @CondoleezzaRice sits down with Huang to explore why his rise—and that of NVIDIA—couldn't have happened anywhere else.

04:42 Jensen Huang's journey to the US
07:54 Jensen's experience at boarding school in Kentucky
14:23 How Jensen came to Silicon Valley
17:23 Founding NVIDIA
23:40 The evolution and growth of NVIDIA
27:08 Sustaining motivation amid challenges
29:01 America's exceptional tech sector
32:28 Why Huang is a "cautious optimist" on AI
35:10 Jensen Huang's Only in America story

[Compounding Quality @QCompounding]

Warren Buffett shares advice on becoming successful

[Startup Archive @StartupArchive_]

Jensen Huang: “The best career advice I got was from a gardener”

“Very few people know this but I don’t wear a watch,” Nvidia founder Jensen Huang begins. “And the reason I don’t wear a watch is because now is the most important time. Just dedicate yourself to now.”

Jensen explains by telling a story:

“The best career advice I got was from a gardener. I was on a family trip in Kyoto, and we went to the temple that had the largest moss collection in the world . . . All of the moss is perfect, and every species of the world’s moss is there. It was a hot summer day — anybody who’s been to Kyoto knows how incredibly hot it is during the summer — and my family walked by this old man who was squatted down working on the moss with a bamboo tweezer. His bamboo basket was nearly empty with only two or three small pieces of dead moss.”

“What are you doing?” Jensen asked the old man.

“I am taking care of my garden,” the old man replied.

The old man told Jensen that he has been working on the garden for almost 30 years.

“But this garden is so big and your tweezer and basket are so small. How can you take care of the whole garden?” Jensen asked.

“I have plenty of time,” said the old man.

Jensen reflects:

“That’s the best career advice I can give you. Most of the time I wait for things to come to me. I’m rarely chasing things. I don’t have a watch. I’m focused on now. I’m enjoying my job. I’m the longest-running tech CEO in the world . . . Dedicate yourself to learning all the time, doing the best possible work you can, and leave everything on the field. By the time I go to bed I’m exhausted, and I’m happy about my day because I did everything I could . . . You’ll be surprised. I’m not at all ambitious. I don’t aspire to do more. I aspire to do better at what I’m currently doing. I’m not reaching for more. I wait for the world to come to me.“

He continues:

“People who know me also know that Nvidia doesn’t have a long-term strategy. We have no long-term plan. Our definition of a long-term plan is, ‘What are we doing today?’ . . . You have plenty of time. Enjoy your work. Do the best you possibly can. Just keep learning every day, and good things will come to you.”

[Jaynit @jaynitx]

Naval Ravikant reveals how to productize yourself to escape the rat race:

"No one is going to beat you at being you. Find what feels like play to you but looks like work to others"

"It looks like work to them, but to you it feels like play. You're going to outcompete them because you're doing it effortlessly"

"You're doing it for fun. They're doing it for work. To you it's art. It's beauty. It's joy. It's flow"

"The more you do things that are natural to you, the less competition you have. You escape competition through authenticity, by being your own self"

"If I had to summarize how to be successful in life in two words, I would just say productize yourself"

[Michael Chong 🇨🇦 @MichaelChongMP]

Everyone needs to read FT below.

Then ask themselves if Carney’s new “strategic partnership” with the PRC - where millions of Uyghurs have been detained, coercively separated from their children who are “re-educated”, forced to make EV car parts, etc. - is good idea.

#cdnpoli

[Fahi @fahi778]

@MatthewSpositi Oracle is not Saas

[Yannis Stamatopoulos @Arkalos77]

At the peak of the position (end of Q3 2020 / September 30, 2020), Micron Technology $MU represented 41.09% of Himalaya Capital Management’s total 13F portfolio.

In Q2 2023, Li Lu fully exited the position at an average price of ~$64.22.

Today $mu trades at $950. Li lu’s position would be worth $ 10,902,696,850.

The great Li lu left approximately $10.19 billion on the table just on Micron, a tip from Pabrai who also made the same costly mistake.

Selling your winners early is the biggest mistake in investing. Geniuses are not immune.

[Fahi @fahi778]

@DegenApeDev I guarantee you most people will switch on day one.

[Fahi @fahi778]

@StockSavvyShay ANET？

[tobi lutke @tobi]

Our regulators have lost the plot. Literally, figuratively, and metaphorically.

[Fiscal.ai @fiscal_ai]

Nvidia Q1 Results

Revenue +85% (Beat)
Adj. EPS +140% (Beat)
Free Cash Flow +85%
Data Center Revenue +92%

Announced an $80B additional share repurchase authorization.

$NVDA

[Nikki Haley @NikkiHaley]

Taiwan makes almost 70% of the world’s semiconductors and more than 90% of the most advanced chips powering your phone, your car, and the AI race.

If China controls Taiwan, the Communist Party gains leverage over the world’s most critical tech supply chain. That’s not just a threat to Taiwan’s 23 million people living in a thriving democracy — it’s a threat to global freedom, security, and the future itself.

[Steve Saretsky @SteveSaretsky]

Foreclosure listings in Vancouver. Up up and away!

[Fahi @fahi778]

@StockSavvyShay Tell this to Canada

[Evan @StockMKTNewz]

Google $GOOGL just posted this today:

“Today we are starting to roll out the biggest upgrade to the Google Search box in over 25 years — now completely reimagined with AI”

[Fahi @fahi778]

@BullTheoryio @JenniferLiaXi This is beyond imagination, but how future years are priced into this ??

[Garry Kasparov @Kasparov63]

Socialism is like polio, it comes back when people forget about the horrible damage it did last time.